The role
Our team is seeking an Accounting Analyst to join our growing SoFi Bank accounting team. This is an exciting opportunity for professionals looking for a team-oriented environment where you feel you are making a difference and seek to develop your accounting and operational skills within our organization. The role will support the accounting lifecycle for crypto-related activity, including month-end close, subledger review, journal entry preparation, variance analysis, control execution, audit support, and documentation of key accounting processes. By joining the team, you will become part of a forward-thinking technology company that is transforming financial services through innovative products, investment tools, and digital asset capabilities.
Responsibilities
- Prepare complete and easy to follow workpapers explaining issue, procedures and conclusion.
- Review crypto subledger activity and supporting transaction-level detail to ensure completeness, accuracy, and appropriate accounting treatment.
- Investigate reconciliation differences, escalate issues timely, and partner with Crypto Operations and other cross-functional teams to resolve variances.
- Coordinate with the Crypto Operations team to understand operational workflows, transaction lifecycle events, exception handling, and settlement or custody-related impacts on accounting.
- Assist in the monthly and year-end close processes as well as assisting with year-end annual audit.
- Analyze accounts, journal entries, subsidiary ledgers, and other accounting documents for accuracy and completeness.
- Identify issues and work with senior team members to produce an effective execution approach.
- Perform analytical review of the Balance Sheet and Income Statement.
- Support enhancement and documentation of crypto accounting processes, controls, reconciliations, and policies.
- Prepare or assist in the preparation of reports for management, external auditors, and other stakeholders.
- Prepare or assist in developing and preparing analytical and statistical reports to drive leadership decision-making.
- Perform ad-hoc reports and analyses upon request.
- Prepare supporting schedules and financial statement tie-outs for SEC disclosures on a quarterly and annual basis under public company accounting standards.
- Collaborate with cross-functional teams within the finance organization to assist with other reporting requirements, including subsidiary, statutory, and bank reporting, as necessary.
Requirements
- Bachelor’s degree in Accounting, Finance or Business or equivalent.
- Applied working knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and accounting procedures.
- Strong organizational, analytical, mathematical, and project management skills.
- A forward-thinking and hands-on approach.
- A desire to learn.
- Proactive and self-driven with the ability to think creatively within a flexible environment.
- Strong knowledge of accounting theory and practice.
- Computer skills, including Excel, Word, and general ledger systems.
- Knowledge of balance sheets, income statements, and mathematical concepts such as fractions, percentages, and ratios.
- Nice to have: Experience with Workday Financials, CPA certification, audit experience, experience with digital assets, brokerage, payments, banking, or fintech accounting.